Baltic Index Falls for 3rd Session

AI Summary

The Baltic dry bulk freight index fell 0.3% to 2,994 points, marking its third consecutive decline and its lowest level since late August. The capesize index also dropped, while panamax and supramax measures edged higher.

The Baltic Index, measuring the price for dry bulk freight, eased by 0.3% to 2,994 points on Tuesday, a third straight decline to its lowest since late August. The index measuring prices for capsize bulk carriers dropped 0.9% to its lowest level since August 21st. In turn, indexes measuring panamax and supramax vessels inched higher ...